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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Strip malls
5125 42nd St Odessa, TX 79762-5207
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-4867593
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
29,175 SF
Lot
2.61 ac (113,822 SF)
Zoning code
EF1
APN
08640.00045.07000
UPID
US82-4867593
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Boot Barn Clothing & Fashion Store
-
Radiant Drug Detox Odessa, TX Health Counselor Addiction Treatment Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Leeco Energy & Investments INC · 6 yrs held
Leeco Energy & Investments INC
since 2019
7 recorded transactions
Zoning & alternative use
EF1 · Odessa, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+61.3%
Medical building
$2.2M
+53.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Odessa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odessa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,435,000
Current use
RETAIL STORES
$2,315,000
Change: +61% · Conversion: Easy
MEDICAL BUILDING
$2,200,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$50 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$52,335
Tax year 2023
Assessed value
$2,482,455
Assessed 2023
Previous assessed
$2,482,455
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$634,028
Assessed improvement
$1,848,427
Land market value
$634,028
Improvement market value
$1,848,427
Total market value
$2,482,455
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
NONE
Total area
29,175 SF
Lot
2.61 ac (113,822 SF)
Zoning code
EF1
APN
08640.00045.07000
UPID
US82-4867593
Jurisdiction
ECTOR
Zoning & alternative use
EF1 · Odessa, TXZoning EF1 · permitted uses
EF1 · Odessa, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
RETAIL STORES
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Lot
2.61 ac
Current owner
From public records · entity-resolved
Leeco Energy & Investments INC
Entity
Mailing address
3501 BILLY HEXT RD, ODESSA, TX 79765-8939
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2019
—
Leeco Energy & Investments INC
—
Deed
related
$2,321,954 · Lone Star St Bk/w Tx
Nov 30, 2012
—
Leeco Energy & Investments INC
—
Deed Of Trust
related
$2,900,000 · Lone Star State Bank
Nov 29, 2011
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,900,000 · Lone Star State Bank
Apr 7, 2011
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,900,000 · Lone Star State Bank
Jun 18, 2010
—
Leeco Energy & Investments INC
—
Loan Modification
related
$1,154,367 · Lone Star State Bank
Mar 30, 2010
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,900,000 · Lone Star State Bank
Jun 23, 2009
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,900,000 · Lone Star State Bank
Dec 1, 2008
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,900,000 · Lone Star State Bank
Jun 4, 2008
—
Leeco Energy & Investments INC
—
Trustees Deed
related
$400,000 · Lone Star State Bank
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$826,028 · Lone Star St Bk/w Tx
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,313,214 · Lone Star St Bk/w Tx
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$400,000 · Lone Star State Bank
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$400,000 · Lone Star State Bank
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$400,000 · Lone Star Bank NA
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$400,000 · Lone Star State Bank
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$400,000 · Lone Star State Bank
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$400,000 · Lone Star State Bank
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$504,965 · Lone Star St Bk/w Tx
—
—
Leeco Energy & Investments INC
—
Loan Modification
related
$2,321,954 · Lone Star St Bk/w Tx
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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